Educational Financial Planning & College Funding

It’s never too early to start funding your children or grandchildren’s education. As an independent financial consulting firm, we have access to several 529 Savings Plans and other products to help get you started.

529 Savings Plans allow you to take distributions from the account tax-free to pay for qualifying educational expenses, such as room and board, food, books and more. 

If you’re not sure your child will attend a higher education institution but want to have funds in place to potentially put toward college, you can also set up other types of accounts. There are options available that don’t have the requirement of the funds being used for qualifying educational expenses to be withdrawn tax free, including rolling over the funds into a Roth IRA account for the beneficiary.

 College costs have risen steadily over the past several years, which is why some should consider starting to save early. Whether you plan on paying all the costs or just a fraction, this calculator can help you better assess the overall price tag of higher education.